BP’s Lower 48 business changes name to BPX Energy, marking new era of growth HOUSTON – 31 October 2018 – BP has completed the $10.5 billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio and help drive long-term growth. The acquisition – […]

ExxonMobil to be first founding member with five-year commitment Company researchers to collaborate with university students and faculty Initial focus areas to include bioscience; carbon capture, utilization and storage; water use and recycling SINGAPORE – Oct 31, 2018 –(BUSINESS WIRE)–ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become […]

Delayed coker unit to convert heavy, higher sulfur residual oil into marine gasoil and diesel Will help meet demand for cleaner fuel oil required by the International Maritime Organization Part of initiative to strengthen competitiveness of company’s advantaged facilities in Europe SPRING, Texas – Oct 31, 2018 —(BUSINESS WIRE)–ExxonMobil said today that it has started […]

Port of Corpus Christi and The Carlyle Group Agree to Develop Major Crude Oil Export Terminal on Harbor Island Project would create first onshore location in the U.S. Gulf capable of servicing fully-laden Very Large Crude Carriers Contemplated venture creates a new Partnership where both the Port of Corpus Christi and Carlyle would jointly fund […]

New North Sea development targeting 20 million barrels of oil equivalent Part of BP’s programme to develop satellite fields through existing hubs £230 million capital investment, to produce 12,000 barrels of oil equivalent a day HOUSTON – 22 October 2018 – BP today confirmed it has received approval from the Oil and Gas Authority (OGA) […]

Latest development at BP’s largest Gulf platform adds 30,000 barrels per day production Fourth major project start-up for BP in 2018 Houston – 18 October 2018 – BP announced today that it has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15 percent […]

London and San Francisco – 9 October 2018 – BP and RocketSpace, founders of the Mobility Tech Innovation Collaborative, are shaping the future movement of people, goods, and services in collaboration with global mobility and smart transportation industry leaders. Today, they are announcing the four start-ups from Israel, U.K. and U.S. selected to test and […]

CALGARY, Oct. 9, 2018 /CNW/ – Secure Energy Services Inc. (“Secure” or the “Corporation”) (TSX – SES) is pleased to announce the light oil feeder pipeline system and receipt terminal in the Kindersley-Kerrobert region of Saskatchewan (“Kerrobert Light Pipeline System”) was completed on time and on budget and began commercial operations on October 1. Secure […]

Libya’s National Oil Corporation, BP and Eni today signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya HOUSTON – 8 October 2018 – A letter of intent (LOI) was signed in London by National Oil Corporation chairman Eng. Mustafa […]